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Good morning COO Ong!
Good news from China reported yesterday liao! Many Midas supporters may not be aware yet! BBs have been accumulating these past weeks i think.
Good news from China reported yesterday liao! Many Midas supporters may not be aware yet! BBs have been accumulating these past weeks i think.
GorgeousOng ( Date: 13-Jul-2013 09:38) Posted:
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Good morning CEO Pan!
Ok ..Ok...I will do my best lah!
Let's see china ah pek brings any news for us! Cheers!!!!
Ok ..Ok...I will do my best lah!
Let's see china ah pek brings any news for us! Cheers!!!!
Peter_Pan ( Date: 12-Jul-2013 20:45) Posted:
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Now quite certain liao.
Peter_Pan ( Date: 11-Jul-2013 13:44) Posted:
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China Railway surged 8.5 percent in Hong Kong and 3.2 percent in Shanghai after that report suggested mainland rail investment this year will be about 520 billion yuan ($84.76 billion).
CSR Corp spiked nearly 10 percent in Hong Kong and 4.1 percent in Shanghai after the official Shanghai Securities News reported the company won subway building contracts.
CSR Corp spiked nearly 10 percent in Hong Kong and 4.1 percent in Shanghai after the official Shanghai Securities News reported the company won subway building contracts.
COO GorgeousOng! Please ensure everyone enjoy their ride hor! Else year-end bonus small small hor...
Midas has been waiting for this news very long liao. Hoot first think later...i think. Lol!!!
China Rail Stocks Rally on Report of Train Supply Resumption
July 12 (Bloomberg) -- China’s train and rail-equipment companies surged in Hong Kong trading on a Shanghai Securities News report that the government may resume tenders to supply bullet trains.
China Railway Group Ltd. advanced as much as 9.6 percent to HK$3.76 in Hong Kong, and China Railway Construction Corp. jumped as much as 10.3 percent to HK$6.97 as of 1:44 p.m. local time. The two companies are the biggest Chinese builders of rail and metro lines.
China, which has the world’s biggest high-speed rail network, may start taking bids to supply bullet trains in the second half, Shanghai Securities News reported today, citing an unidentified rail transportation-equipment company. Orders were withheld last year because of the nation’s leadership transition, according to JPMorgan Chase & Co.
“This is a short-term positive for train providers as there will be an increase in orders,” Li Kun, an analyst at Northeast Securities Co., said by phone.
China will budget 650 billion yuan ($106 billion) in 2013 on rail-related fixed-asset investment, more than the 631 billion yuan spent last year, Rail Minister Sheng Guangzu said in January, according to Xinhua News Agency.
The government could start accepting bids for high-speed trains as early as August, according to Xu Minle, an analyst at Bank of China International Ltd. in Shanghai.
The Ministry of Railways was dismantled earlier this year as the government sought to rein in graft and red tape. It was divided into two entities, and a new company China Railway Corp. was formed to take over commercial operations.
Wenzhou Crash
The reform comes after allegations of corruption surrounding rail construction, along with a 2011 bullet-train crash in the eastern city of Wenzhou that killed 40 people. Former Railway Minister Liu Zhijun was given a suspended death sentence on July 8 for abuse of power and taking bribes.
The development of the railroad network could help absorb overcapacity in steel and cement industries, 21st Century Business Herald reported today, citing unidentified people close to China Railway Corp. Rail infrastructure investment this year may exceed by “a little” the 520 billion yuan target set by the former railway ministry, the report said.
Trainmaker CSR Corp., gained 7.5 percent to HK$4.72 in Hong Kong, while its shares in Shanghai gained 3.9 percent to 3.77 yuan in Shanghai.
China Railway Group rose 8.9 percent to HK$3.73 at 1:44 p.m, and China Railway Construction gained 9.7 percent to HK$6.93 as of 1:44 p.m. local time. The two companies are the biggest Chinese builders of rail and metro lines.
July 12 (Bloomberg) -- China’s train and rail-equipment companies surged in Hong Kong trading on a Shanghai Securities News report that the government may resume tenders to supply bullet trains.
China Railway Group Ltd. advanced as much as 9.6 percent to HK$3.76 in Hong Kong, and China Railway Construction Corp. jumped as much as 10.3 percent to HK$6.97 as of 1:44 p.m. local time. The two companies are the biggest Chinese builders of rail and metro lines.
China, which has the world’s biggest high-speed rail network, may start taking bids to supply bullet trains in the second half, Shanghai Securities News reported today, citing an unidentified rail transportation-equipment company. Orders were withheld last year because of the nation’s leadership transition, according to JPMorgan Chase & Co.
“This is a short-term positive for train providers as there will be an increase in orders,” Li Kun, an analyst at Northeast Securities Co., said by phone.
China will budget 650 billion yuan ($106 billion) in 2013 on rail-related fixed-asset investment, more than the 631 billion yuan spent last year, Rail Minister Sheng Guangzu said in January, according to Xinhua News Agency.
The government could start accepting bids for high-speed trains as early as August, according to Xu Minle, an analyst at Bank of China International Ltd. in Shanghai.
The Ministry of Railways was dismantled earlier this year as the government sought to rein in graft and red tape. It was divided into two entities, and a new company China Railway Corp. was formed to take over commercial operations.
Wenzhou Crash
The reform comes after allegations of corruption surrounding rail construction, along with a 2011 bullet-train crash in the eastern city of Wenzhou that killed 40 people. Former Railway Minister Liu Zhijun was given a suspended death sentence on July 8 for abuse of power and taking bribes.
The development of the railroad network could help absorb overcapacity in steel and cement industries, 21st Century Business Herald reported today, citing unidentified people close to China Railway Corp. Rail infrastructure investment this year may exceed by “a little” the 520 billion yuan target set by the former railway ministry, the report said.
Trainmaker CSR Corp., gained 7.5 percent to HK$4.72 in Hong Kong, while its shares in Shanghai gained 3.9 percent to 3.77 yuan in Shanghai.
China Railway Group rose 8.9 percent to HK$3.73 at 1:44 p.m, and China Railway Construction gained 9.7 percent to HK$6.93 as of 1:44 p.m. local time. The two companies are the biggest Chinese builders of rail and metro lines.
I think he really suffering from hangover lah! Must give him some hot Green Tea to drink!!!
GorgeousOng ( Date: 12-Jul-2013 05:40) Posted:
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接 近 中 国 铁 路 总 公 司 （ 下 称 铁 总 ） 的 人 士 向 本 报 记 者 表 示 ， 近 日 ， 决 策 层 在 听 取 了 铁 总 的 工 作 汇 报 后 表 示 ， 铁 路 还 是 要 继 续 发 展 ， 理 由 是 铁 路 建 设 能 够 消 化 部 分 落 后 产 能 ， 如 钢 铁 、 水 泥 等 。 按 照 原 铁 道 部 制 定 规 划 ， 2013年 固 定 投 资 6500亿 元 ， 其 中 基 建 投 资 5200亿 ， 计 划 开 通 新 线 5200公 里 。 http://money.163.com/13/0712/02/93I4DMGF00253B0H.html#p=90HI27F3251H0025
Hahaha!!! China man is too old for night life lah!🙊 🙈 🙉 🙉 🙈 🙊
Peter_Pan ( Date: 11-Jul-2013 22:33) Posted:
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He is already very drunk due to visiting nightclub everynight...wait he put reverse gear how!!!
halleluyah ( Date: 11-Jul-2013 22:21) Posted:
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should b need to wait till next Mon BA heard the morning news about China data. not sure
Must ask china ah pek, Ongahhuat to take over as a driver lah....lol
Peter_Pan ( Date: 11-Jul-2013 14:45) Posted:
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Hope tomorrow chiong...otherwise may have to wait until next week liao. Don't know what is the operator doing...playing ping pong
Btw, there are hardly any buyers/sellers now. Only left the ping pong operator to drive the train.
This is a ping pong train...enjoy your ping pong ride.
New123 ( Date: 11-Jul-2013 14:29) Posted:
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this train is moving. i am in.
Peter_Pan ( Date: 11-Jul-2013 14:22) Posted:
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Slowly inching up i think. BBs left hand change right hand all the way up/down.
Very kelong one.
The price movements are all determined by the maker...lol!